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Golden parachutes typically pay executives big money if they are fired without cause. Whiting Petroleum executives found a way to collect theirs for staying on board after the company they led filed for bankruptcy.

Measuring the flow of water, mud, and cuttings from a well is critical, and difficult. A new flowmeter design that promises to be both accurate and durable is one of three technologies featured in a JPT series on drilling measurement innovation.

The successful string test comes 7 months after the company's FID on the Calcasieu Pass LNG project.

The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years.

Energy research groups Wood Mackenzie and Rystad Energy say improvements in operations costs since the last downturn 5–6 years ago have made it difficult for companies to make further reductions amid the current drop in demand.

Results of the survey will provide support for the UK’s initiatives to help businesses affected by the industry downturn and the COVID-19 pandemic.

Industry representative body Oil and Gas UK and safety organization Step Change in Safety have coproduced a series of films to address the concerns of thousands of workers traveling offshore during the coronavirus pandemic.

ExxonMobil and Halliburton made additional cuts in spending and personnel.

With oil prices at historic lows and with COVID-19 supply chain disruptions, the time has come to evaluate supply chain and procurement strategies, sourcing techniques, and costs.

The combined effect of COVID-19 and an ongoing oil price war has ushered in one of the worst downturns for the energy industry in modern history. Yet, a bright side is shining through; flaring levels in the Permian Basin have fallen sharply and will continue to decline, a Rystad Energy report shows.